Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,390,000
Office buildings
20 Carematrix Dr Dedham, MA 02026-6149
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1114335
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
STEEL FRAME
Total area
38,550 SF
Lot
3.37 ac (146,589 SF)
APN
DEDH M:0164 L:0008
UPID
US38-1114335
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
J & M Brown Co Inc Electrical Service General Contractor
-
The Goddard School of Dedham Daycare Center
-
SAP Experts Training Center
-
Spectrum Integrated Technologies Construction Company
-
400 Group Publishing House
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.84M
CAP Approach
CAP
$13.88M
Comparable Approach
Comparable
$13.38M
Blend (final)
Blend
$14.39M
Owner & transaction history
20 Carematrix Drive LLC · 6 yrs held
20 Carematrix Drive LLC
since 2020
Last sale
$9.0M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.5M
+46.3%
Auto repair, garage
$12.4M
+9.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dedham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dedham submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,470,000
ML approach
$14,835,000
CAP Approach
CAP Return
Estimation
6%
$15,040,000
6.5%
$13,880,000
7%
$12,890,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$11,310,000
Current use
RESTAURANT
$16,545,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$12,415,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$11,285,000
Change: 0% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$11,075,000
Change: -2% · Conversion: Easy
COMMERCIAL (GENERAL)
$9,865,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$14.39M
Range $12.95M – $15.83M · ±10% · vs last sale $9.00M (Jan 8 2020)
Last sale anchor
$9.00M
Jan 8 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$373 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$216,261
Tax year 2024
Assessed value
$8,356,300
Assessed 2024
Previous assessed
$8,391,400
-0.4% YoY
Effective rate
2.59%
On assessed value
Assessed land
$1,823,600
Assessed improvement
$6,532,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Total area
38,550 SF
Lot
3.37 ac (146,589 SF)
APN
DEDH M:0164 L:0008
UPID
US38-1114335
Jurisdiction
DEDHAM
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$11.3M
RESTAURANT
Est. value
$16.5M
AUTO REPAIR, GARAGE
Est. value
$12.4M
RETAIL STORES
Est. value
$11.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.1M
COMMERCIAL (GENERAL)
Est. value
$9.9M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
20 Carematrix Drive LLC
Entity
Mailing address
267 AMORY ST, JAMAICA PLAIN, MA 02130-2337
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2020
$9,000,000
20 Carematrix Drive LLC
Skye Enterprises LLC
Quit Claim Arm's Length For Ne States
$6,960,000 · Citizens Bank
May 17, 2017
$8,300,000
Skye Ents LLC
Nbcre Partners 2 LLC
Quit Claim Deed
—
Sep 9, 2015
$7,000,000
Nbcre Partners 2 LLC
20 Carematrix Rlty Ass
Quit Claim Arm's Length For Ne States
—
Aug 8, 2007
—
Tbci LLC
—
Deed Of Trust
related
$70,000,000 · Anglo Irish Bank Corp
Jun 20, 2007
$4,500,000
20 Carematrix Mgmt LLC
Hcri Massachusetts Prop
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 20 Carematrix Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
